OK, somebody explain me this. Supose I discover this old widow that has a Tompson she has no idea what to do with that agrees to sell me the parts kit for $50 (I'm a real nice guy, with a soft spot for old widows), leaving her the reciever to turn in to the BATF(E).
When I show up at the old gals house with my little tool kit and stuff and take this unregistered automatic weapon in my hands to begin work on it, knowing full well and demonstratively its status, in what way am I (and she) not commiting a felony? Will the BATF(E) give me a note or something saying its alright?